News

Faster digitalisation and operational efficiency amidst the pandemic influenced this sentiment.

The annual growth rate for the global market will hit 8.72%, due to growing demand.

The maritime industry pays an average ransom payment of US$3.2 million to cybercriminals.

The wealthtech industry is expected to skyrocket its ‘onshore’ PFA of around $81t (SG$108.27t/HK$632.82t) by 2027, driven by Singapore and Hong Kong markets.

The main impact of inflation on insurers' balance sheets is likely to be an increase in claims costs.

Growing 5G availability in the region will increase the market’s revenue to $479b

The Philippines’ widening healthcare gap and poor sustainability initiatives open Globe CEO Ernest L. Cu’s eyes to an opportunity.

Despite high revenue projections, the metaverse fails to win consumer interest.

Reinsurers must navigate a high inflationary environment.

P&C insurtech investment mainly pushed the quarter’s growth.

The region’s 2023 prediction is smaller than the global average of 10.7%

The agreement aims to adhere strictly to regulatory requirements.

Participants came from over 150 countries and regions, from just 115 in 2022.

Supply chain players are now using drones beyond last mile deliveries

The region has 30,523 GW solar potential and 1,383 GW projected wind capacity.

Non-interest income and return of assets both fell during the quarter.